Bharat is eying to catch GJ Export demand of 2Q
Determined to push up GJ exports yet watchful on inventories! According to the media sources, Bharat’s Gem & Jewellery [GJ] export & import [Exim] are highly impacted by global geopolitical scenario and uncertainties. Additionally, global power center is also shifting. In the changing and shifting supply line priorities over collapsed globalisation of commerce & industry, including Exim practices; Bharat is also facing the global challenges! The overall gross exports of Gems & Jewellery at US$ 2263.42 million (Rs. 19260.81 crores) in the month of May 2025 is showing a decline of 15.81% (-14.07% in Rs. term) as compared to US$ 2688.38 million (Rs. 22414.02 crores) for the same period of previous year. The overall gross imports of Gems & Jewellery at US$ 1689.61 million (Rs. 14393.12 crores) in month of May 2025 is showing a decline of 12.96% (-11.07% in Rs. term) as compared to US$ 1941.29 million (Rs. 16184.80 crores) for the same period o...